National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has signed a technology partnership agreement with Emirates Global Aluminium (EGA). This agreement, signed in Dubai, aims to deploy EGA’s DX+ Ultra aluminium smelting technology for NALCO’s brownfield smelter expansion project at Anugola, Odisha. The technology partnership marks a significant milestone in NALCO’s expansion program and its goal to become a globally competitive aluminium producer.

Strategic Technology Adoption

Under the agreement, EGA will provide NALCO with the technology license, know-how, designs, and technical information required for implementing the DX+ Ultra technology. This high-amperage and efficient smelting technology is designed to support higher productivity and improved energy performance. The adoption of this technology is expected to enable NALCO to develop an efficient and competitive smelter with optimized capital and operating costs.

Expansion and Future Prospects

The proposed brownfield expansion will add approximately 0.5 million tonnes per annum (MTPA) of aluminium production capacity at Anugola. Together with NALCO’s existing capacity, the expansion will enable the company to move towards an overall aluminium production capacity of about 1 million tonnes per annum. Speaking on the occasion, Shri Brijendra Pratap Singh, CMD, NALCO, expressed confidence that the Anugola smelter expansion project will emerge as one of the most efficient aluminium smelters in India.

Environmental and Economic Impact

The partnership between NALCO and EGA marks an important milestone in NALCO’s ongoing expansion programme and its efforts to enhance technological efficiency, productivity, and sustainability in aluminium production. The expansion is expected to contribute significantly towards India’s economic growth while supporting greater environmental efficiency and the vision of a Viksit Bharat.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of National Aluminium Company Limited

National Aluminium Company Limited belongs to the Basic Materials › Aluminum sector. Here’s a quick read on where the business and the stock stand today.

National holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 0.17 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 34.9% reflect exceptional pricing power and operational efficiency. The stock trades at 71% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Revenue grows at 7.8% and profits at 59.3% CAGR, with D/E of 0.00. Meanwhile, the stock dips 5.5% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of National Aluminium Company Limited.

National Aluminium Company Limited (NALCO) (NATIONALUM) has achieved its highest-ever operational and financial performance in FY 2025-26, marking a landmark year for the company. During the 45th Annual General Meeting (AGM), Shri Brijendra Pratap Singh, CMD of NALCO, highlighted the company’s record revenue, profit before tax, and profit after tax. This operational excellence translated into record financial results, with NALCO posting its all-time highest revenue from operations. The company also paid an interim dividend of ₹10.50 per equity share, amounting to ₹1,928.46 crore, and approved a final dividend of ₹1.00 per equity share, amounting to ₹183.66 crore.

Record Financial Performance

The year 2025-26 was a testament to NALCO’s resilience, strategic foresight, and operational excellence. The company’s peak sales in major segments, including domestic alumina and aluminium metal, underscore its strong fundamentals and efficient operations. NALCO’s commitment to creating enduring value for shareholders was reaffirmed through its dividend payments.

Future Growth Plans

Looking ahead, NALCO has outlined ambitious expansion initiatives to strengthen its position in the aluminium value chain. These include the 5th Stream Expansion of the Alumina Refinery at Damanjodi, development of Pottangi Bauxite Mines, augmentation of captive coal capacity, and the proposed expansion of the Aluminium Smelter and Captive Power Plant at Angul. Shri Singh emphasized the company’s strategic initiatives in critical minerals, resource and energy security, circular economy, digital transformation, waste-to-wealth, and renewable energy to enhance operational resilience and create sustainable long-term value.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of National Aluminium Company Limited

National Aluminium Company Limited belongs to the Basic Materials › Aluminum sector. Here’s a quick read on where the business and the stock stand today.

National falls 12.2% over three months and has not found a floor yet. The PEG of 0.18 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 34.9% reflect exceptional pricing power and operational efficiency. The stock gains 9.0% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Both the business and the stock move in the right direction. Revenue grows at 7.8%, profits at 59.3%, and the PEG sits at 0.18 — below its growth rate. That combination is rare. Check Fundamentals of National Aluminium Company Limited.

Hindalco Industries Limited, the metals flagship of the Aditya Birla Group, has commissioned India’s first Superfine Precipitated Aluminium Trihydrate (PPT ATH) manufacturing plant in Belagavi, Karnataka. This greenfield facility, with an annual production capacity of 30,000 tonnes, strengthens Hindalco’s Specialty Alumina portfolio and advances India’s journey towards self-reliance in critical fire-safety applications.

Boosting Domestic Production

The new plant is designed to meet almost the entire domestic demand for safer cables from the wire and cable industry, an important step in self-reliance for this critical material. The facility is also the world’s only specialty alumina plant to operate entirely on renewable energy, setting a global benchmark for sustainable manufacturing.

Sustainable and Innovative Manufacturing

PPT ATH is a high-value, halogen-free flame-retardant material used in various applications, including cables, polymer insulators, and thermal insulation. The plant incorporates automated controls for critical processes and a fully integrated manufacturing ecosystem, enabling stringent control over feedstock quality and product consistency. Sustainability is another key differentiator of the facility, which is powered by 100% renewable energy from biomass, solar, and wind sources.

Future Expansion and Innovation

The facility is designed for phased expansion to 60,000 tonnes, enabling Hindalco to scale capacity in line with domestic market growth. By combining domestic manufacturing, in-house innovation, stringent quality control, and sustainable production, the plant strengthens India’s capability to develop advanced materials for the next generation of fire-safe electrical and mobility applications.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Hindalco Industries Limited

Hindalco Industries Limited belongs to the Basic Materials › Aluminum sector. Here’s a quick read on where the business and the stock stand today.

Hindalco falls 8.4% over three months and has not found a floor yet. Thin margins at 5.5% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The PEG of 1.44 sits close to fair value. The stock is neither a clear buy nor obviously expensive. The stock gains 11.4% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. The stock rises -8.4% in three months on 7.1% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Hindalco Industries Limited.